College of Insurance was formed following consultations with Insurance industry players and the Government, more so after realizing that the existing overseas course CII was not only expensive but less consonant with the local market needs. Consequently, a curriculum that incorporated the local culture, socio-economic and legal aspects was developed. Following concerted efforts with the government, the local Insurance industry incorporated the Insurance Training and Education Trust (ITET) under the perpetual Trustees Act (Cap 64) of the laws of Kenya whose Trustees are drawn from the Insurance industry, the Government and other stakeholders. ITET established the College of Insurance 20 years ago. The College of Insurance main campus is situated in Nairobi, South C, and six kilometers from Nairobi Central Business District bordering the Nairobi National Park. It prides itself as the premier college in East & Central Africa that trains in Insurance courses. The institution first opened its doors for training with students in short and management courses taking a maximum of 10 days. In 1996, the government introduced a course for all agents (COP), Certificate of Proficiency. This program is mandatory for all Insurance agents and it continues to attract large numbers to the institution. The first examinations were held in 1997. The fundamental objective then was to provide professional and technical training to employees and other people serving in the insurance industry.
